Procurement Magazine April W1 2026 | Page 83

ALEX SARIC
Eradicating data silos with a single source of truth A primary obstacle to resilience is the fragmentation of information. Risk data is frequently scattered across disparate ERP platforms, sourcing tools and third-party databases. When a supplier’ s compliance status or financial health changes, the signal often gets lost in the noise of duplicated records and inconsistent data.
McKinsey & Company estimates that today’ s procurement functions use less than 20 % of available data to support decision-making. Without a“ golden record” – a single, unified source

ALEX SARIC

TITLE: SMART PROCUREMENT EXPERT
COMPANY: IVALUA
INDUSTRY: SOFTWARE DEVELOPMENT
LOCATION: UNITED STATES
Ivalua CMO Alex brings 15 + years of Spend Management expertise to his role leading global marketing. He previously spent 12 years at Ariba, scaling its analytics business through the SAP acquisition.
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